All Finance articles – Page 503
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NewsWBA kicks off sales process for sports nutrition brands
The Grocer understands WBA has hired Spayne Lindsay to handle a sales process for its PhD Nutrition and The Protein Works.
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NewsMeadow Foods secures 'strategic investment' from PE firm Exponent
Private equity firm Exponent has acquired dairy group Meadow Foods from fellow PE firm Paine Schwartz Partners.
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NewsRemeo Gelato raises £500k from investors to grow listings
The supplier, which is currently listed in Waitrose and Ocado, said sales had increased three-fold this summer
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NewsBruce Condon named Weetabix finance head
Prior to joining Weetabix, Condon spent 15 years at footwear company Wolverine Worldwide
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Analysis & FeaturesSultana and raisin prices significantly up on last year
Sultanas and raisin prices remain significantly inflated in comparison with last year, driven by high prices for dried grapes in California
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NewsApplegreen agrees reverse takeover of Welcome Break
Irish forecourt operator Applegreen has bought a majority stake in service station group Welcome Break for €361.8m in a deal that constitutes a reverse takeover.
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NewsMedia Bites 2 Aug: The Co-op, AG Barr, Plastics
The Co-op Group is exploring the sale of its general insurance operations for about £300m amid accelerating changes to the industry’s distribution model.
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NewsHot weather helps AG Barr recover to 5% sales growth
Irn Bru and Rubicon manufacturer AG Barr recorded a 5% increase in sales for the first half of 2018.
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NewsMedia Bites 1 Aug: Greggs, Food inflation, P&G
Bakery chain Greggs reported a rise in sales yesterday despite a challenging high street and extreme weather conditions, driven by growth in its breakfast and healthier choices ranges
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Comment & OpinionIFRS 16 accounting change will be momentous for UK retailers
Savvy retailers have a window of opportunity to proactively negotiate with their banks, says MUFG’s Simon Lello
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NewsTotal Produce's $300m investment in fruit giant Dole cleared
The deal, which was first agreed in February, was completed following approval from the European Commision
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NewsFCA opens crowdfunding consultations after witnessing "poor practice"
The regulator says changes it has proposed are designed to address the ways that loan-based crowdfunding has developed and can be improved
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NewsHotel Chocolat signs deal to develop Scandinavian presence
New franchise stores to open in Sweden, Norway and Finland
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NewsCity snapshot: Hot weather hits first half trading at Greggs
Food to go bakery chain Greggs has reported a slowdown in first half like-for-like sales and a drop in profitability as hot UK weather and falling footfall hit performance. Plus, UK food to grow drives 8.1% pro forma third quarter sales rise at Greencore, first half sales up and profits down at Just Eat and all the rest of the latest news from the City.
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NewsMedia Bites 31 July: Lidl, Heineken, Brexit agriculture
Lidl is planning to lead the development of more than 3,000 homes and a primary school in the discount supermarket’s latest tactic to secure planning permission for a flurry of new stores around London
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Analysis & FeaturesJesús Lorente no miracle worker for Asda
Lorente’s Asda departure reveals Roger Burnley’s decisive side
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NewsMenzies Distribution sold to PE firm Endless
Deal is pending shareholder and competition approval
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NewsHeineken cuts profit forecasts after Brazil expansion
Heineken, the world’s second largest brewer, has forecast a drop in profitability after expanding quicker than predicted in Brazil.
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NewsMedia Bites 30 June: Brexit, Marks & Spencer, Discounters
Supermarkets have asked suppliers to begin contingency planning in case Britain crashes out of the EU with no deal, prompting some to consider stockpiling goods
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NewsLotus Bakeries buys Kiddylicious to expand snack business
Kiddylicious, which was launched by former M&S food scientist Sally Preston in 2009, sought a sale as it looked to expand the brand internationally, as reported by The Grocer